Ms. Hellen Masika, the deputy executive director of Microfinance support Center-MSC, says that the cultural Institution was given special consideration given the multiple challenges including conflicts and disasters that have affected its economy.
The Obusinga Bwa Rwenzururu-OBR cultural institution has received Shillings
300million under the Emyooga Program as part of the government
support to the institution.
The money will be disbursed to 10
Emyooga groups spread across the five constituencies that make up Kasese
District.
In 2020, the government said it was giving OBR special
consideration under the Emyooga program through separate funding to specifically
cater for veterans and leaders that are within the Kingdom structures.
Ms. Hellen Masika, the deputy
executive director of Microfinance support Center-MSC, says that the cultural Institution was given special consideration given the multiple
challenges including conflicts and disasters that have affected its economy.
She said that the beneficiary groups
have gone
through formal training on financial literacy to help them in areas of
accountability and transparency.
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Masika has warned the beneficiaries not to misuse the
financial resources because all those who benefited will have to account for the money.
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The OBR Premiere Kule Joseph Muranga, said that veterans and leaders of the institution
have been living in abject poverty in the absence of financial capital to start
development projects.
Muranga hailed the
government for the funds pledging proper management and visible transformation
of the beneficiaries.
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Sulait Kule, one of the beneficiaries reminded the government to sensitize and train people on how
Saccos work so that such funding can be well managed. He said that the money will help him to improve his
savings.
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The Kasese deputy resident district
commissioner-RDC Joshua Masereka, says that if used well, the money will help to tame the adverse
effects of the
COVID-19 pandemic on the beneficiaries.
He warns the groups against misusing
the money arguing that previous government support has not helped such groups
because members misuse the money since it's free from the government.
